Regeneron Pharmaceuticals (REGN) Operating Margin (2009 - 2026)
Regeneron Pharmaceuticals' (REGN) quarterly Operating Margin came in at 17.83% in Q1 2026, down 170.0% year-on-year from 25.47% in Q1 2025, and down 21.28% quarter-over-quarter from 22.65% in Q4 2025.
Regeneron Pharmaceuticals (REGN) Operating Margin (2009 - 2026) Analysis & Trends
Regeneron Pharmaceuticals' Operating Margin history runs 18 years deep, the most recent figure standing at 17.83% for Q1 2026.
- On a quarterly basis, Operating Margin fell 170.0% year-over-year to 17.83% in Q1 2026; TTM through Mar 2026 was 24.32%, a 287.0% decrease from a year earlier, with the FY2025 full-year figure at 24.95%, down 315.0% from the prior year.
- Operating Margin eased to 17.83% in Q1 2026 per REGN's latest filing, from 22.65% in the prior quarter.
- Across five years, Operating Margin topped out at 2517.0% in Q1 2022 and bottomed at 17.83% in Q1 2026.
- The 5-year median for Operating Margin is 29.94% (2023), against an average of 240.97%.
- Across the five-year window, Operating Margin soared 247300 bps in 2022 and sank 248706 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 1146.8% in 2022, then slumped by 98 bps to 28.33% in 2023, then slipped by 8 bps to 26.13% in 2024, then decreased by 13 bps to 22.65% in 2025, then decreased by 21 bps to 17.83% in 2026.
- Per Business Quant, the three latest REGN Operating Margin figures stand at 17.83% (Q1 2026), 22.65% (Q4 2025), and 27.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 16.51% |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 38.10% |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 17.83% |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 30.35% |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Alnylam Pharmaceuticals | 36.08 Bn | 33.07 Bn | 959.66 Mn | 23.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.83% |
| Dec 31, 2025 | 22.65% |
| Sep 30, 2025 | 27.35% |
| Jun 30, 2025 | 29.37% |
| Mar 31, 2025 | 19.54% |
| Dec 31, 2024 | 26.13% |
| Sep 30, 2024 | 31.70% |
| Jun 30, 2024 | 30.15% |
| Mar 31, 2024 | 23.89% |
| Dec 31, 2023 | 28.33% |
| Sep 30, 2023 | 33.04% |
| Jun 30, 2023 | 32.19% |
| Mar 31, 2023 | 29.94% |
| Dec 31, 2022 | 1,146.80% |
| Sep 30, 2022 | 41.68% |
| Jun 30, 2022 | 38.85% |
| Mar 31, 2022 | 2,517.00% |
| Dec 31, 2021 | 53.31% |
| Sep 30, 2021 | 53.50% |
| Jun 30, 2021 | 65.14% |